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Alikze »» TIA | Ready to pullback to the broken structure🔍 Technical analysis: Ready for a pullback from the liquidity zone to the broken structure - According to the analysis of the previous post , TIA currency is moving in a downward channel. - As can be seen, lower floors and ceilings are forming, which further reinforces the bearish view. - Currently, in the 1D time frame, it is in the liquidity zone, which can target 3.17 with a pullback to the neckline and then the green box zone. - Therefore, in the case of a pullback to the broken structure and selling pressure in the Fibo area of ​​1.618, it can touch the mentioned targets. 💎 Alternative scenario: In addition, if it can break the neck line, it will have the ability to grow up to the supply area of ​​the previous ceiling and the ceiling of the channel. »»»«««»»»«««»»»««« Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support. Best Regards,❤️ Alikze. »»»«««»»»«««»»»««« BINANCE:TIAUSDT
Short
by alikze
1
Alikze »» SUI | Daily FVG gap🔍 Technical analysis: Daily FVG gap - According to the analysis presented in the previous post, after creating demand in the green box area, it grew to the supply area. - Currently, according to the structure formed in the supply area, a twin roof with a shorter roof is observed. - But in the 8H time frame, it is moving in a descending channel. Demand has also been met at the bottom of the channel. - Therefore, according to the FVG gap in the 1D time frame, if the selling pressure continues, it can make a correction to the green box area and retest it to fill the gap. 💎 Alternative scenario: also, if he can break the middle of the channel upwards, he can retest the supply area again. »»»«««»»»«««»»»««« Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support. Best Regards,❤️ Alikze. »»»«««»»»«««»»»««« BINANCE:SUIUSDT
Short
by alikze
Alikze »» BNB | Support zone failure🔍 Technical analysis: Support zone failure - In the 4H time frame, after not being able to break the supply area, it has faced selling pressure. - Currently, a bullish pattern is observed, which has extended to the supply area. - Therefore, any pullback to a broken structure can face selling pressure again. - So we should see an increase in selling pressure in the supply area to continue the corrective lag until the liquidity area. - In addition, in case of breaking the liquidity area, the correction can continue up to the specified areas and Fibo 2.618. Alternative scenario: In addition, if it can break and stabilize the supply area upwards, it can have a retest to the next supply area. 🛑Range of resistance or supply area: 531-547 🟢 Support area: 468-464 »»»«««»»»«««»»»««« Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support. Best Regards,❤️ Alikze. »»»«««»»»«««»»»««« BINANCE:BNBUSDT
Short
by alikze
Sept 2Overview: Labor Day is over, and yesterday the bulls came out strong, pushing COINBASE:BTCUSD back into its trading range, above the $58.4k level. But whose bulls were they—American or Asian? Volume data from Coinbase shows 4.3k for the BTC/USD pair, compared to 10.7k, 8.5k, and 12.1k over the last three Mondays. These numbers are much higher than those for the BTC/USDT pair, indicating it wasn't American bulls who saved the day. On the other hand, Binance reports higher numbers for the BTC/USDT pair, with 23k, 19.4k, 22.8k, and 37.0k for the last three Mondays. Two lessons learned: 1. Check the provider of your chart data and what pair you are analyzing, especially if you're tracking volume or any volume-related indicators such as Volume-Weighted Average Price, volume profile, footprint, cumulative volume delta, etc. 2. The U.S. market honors workdays. Asian bulls came in strong and overpowered the bears. W: Back to the old trading range. Neutral. D: Under BB MA. Possible fake breakout (or fake recovery due to the U.S. holiday?). We'll find out today when the U.S. market opens in a couple of hours. 4h: It was the 5th attempt to break the BB MA, and it succeeded. Now we're at the top of the BB channel, above the most recent high but stalling at the next one, near the point of control. Neutral. 1h: MACD divergence is starting to appear. Bearish. Alts relative to BTC: Altcoin weakness compared to BTC continues to widen. BTC returned to its trading range, and on the daily chart, it looks like a bear trap. However, for major altcoins like COINBASE:ETHUSD , COINBASE:SOLUSD , and COINBASE:SUIUSD , their previous levels have become resistance. Neutral on BTC, bearish on altcoins. Bull case: Since we're holding the weekly range and a bear trend isn't confirmed (at least in the short term), stay bullish. Bear case: Altcoins are weaker, volume is low due to Labor Day, so Asian bulls were pushing up in a less liquid market. Fear and Greed Index: 46.78. Up a couple of points. Neutral. Prediction: The Fed has been revising many data points downward, indicating they might not fully understand what's happening, leading to a lack of trust in their estimates. This week's jobs data might come out much lower, which, combined with other factors, could crash the market. However, before that, we still have a full day of trading during which BTC might trade higher.
COINBASE:BTCUSD
by EvgenCapital
SOL 100-200-300-400$ (in 2025)Solana, which emerged on the blockchain technology scene in 2017, has quickly established itself as one of the most promising solutions for scalable decentralized applications (DApps). Since the launch of the core network beta in March 2021, Solana has entered the top 5 cryptocurrencies by market capitalization, demonstrating an impressive ability to process over 65,000 transactions per second. This characteristic makes it attractive to developers looking to build fast, efficient, and low-cost DApps. The Solana ecosystem is rich and diverse, including DeFi, RWA, NFT, and DAO (Decentralized Autonomous Organizations) projects. Its architecture supports complex smart contracts, which opens the door for innovative applications ranging from simple transactions to complex financial instruments and gaming platforms. One of Solana's key development areas is tokenization of real-world assets. Tokenization turns rights to physical or traditional assets, such as real estate, artwork, or securities, into digital tokens on the blockchain. This not only increases the liquidity of assets, but also allows smaller investors to participate in markets that were previously inaccessible to them. Solana, with its high throughput and low transaction fees, becomes the ideal platform for such innovation. Roadmap and upgrades Solana's roadmap and upcoming updates reflect its commitment to improving performance, scalability and usability, positioning itself as the leading platform for high-performance blockchain applications. An overview of current plans and updates is provided below: Scaling and Performance Solana is gearing up for significant improvements with the introduction of the Firedancer validator client, developed in collaboration with Jump Crypto. Firedancer is designed to significantly increase the transaction processing capabilities of the network, with test environments already demonstrating capabilities in excess of 1 million TPS. This upgrade is part of Solana's broader strategy to scale the network to meet future growth and demand. Network and stability improvements After experiencing network stability issues, Solana has focused on improving the upgrade process. This includes improving the testing phases with external developers and auditors, as well as creating a team of adversaries to simulate attacks and find vulnerabilities. Moving from a focus on new features to network stability: a significant portion of the engineering team is dedicated to stability and adversarial testing. Ecosystem and developer support The Solana roadmap includes extensive developer support through grants, hackathons, and improved tools to foster an agile ecosystem. This includes improving Solana's runtime environment and introducing new features such as prioritized payments to better manage the urgency of transactions. Expanding promising areas Solana's focus goes beyond mere technical upgrades to include expanding the ecosystem, empowering developers and making the platform attractive to new projects, especially in the areas of DeFi, RWA and Web3 applications. This roadmap and series of updates underscores Solana's commitment to not only improve its current technology stack, but also to remain at the forefront of blockchain innovation by offering a reliable, fast and scalable platform for both developers and users. Statistics and metrics At the moment, Solana's stats show several positive aspects: TVL The Solana network has reached a yearly high in TVL, indicating an increased interest and confidence in DeFi projects on this platform, with Solana's TVL currently at $5.1 billion. Commissions There has been a significant reduction in transaction fees on the Solana network, making it more attractive to users and developers. Increase in the number of active addresses There has been an increase in the number of daily active addresses, indicating an expanding user base. Interest from institutional investors Solana has attracted the attention of both retail and institutional traders due to its unique consensus approach, indicating that its long-term potential is recognized. It's also possible that a Solana ETF is coming soon! BUT IT IS NOT CERTAIN Overall Dynamics Despite some fluctuations, the overall trend for Solana remains positive, with notable price appreciation compared to previous periods and active ecosystem development. Real World Assets (RWA) Solana, like any other public blockchain, provides transparency, automates payment settlement, allows users to self-manage assets, and offers a global settlement infrastructure for tokenized assets that operates 24/7. However, beyond the general benefits of public blockchains, Solana stands out with the following advantages. Low transaction fees and high speed: For high frequency use cases such as tokenized Forex, equities, etc., Solana enables trading with extremely low fees, fast transaction confirmation and high throughput - all with a single global network state. Standards and Ecosystem: A healthy ecosystem, including battle-tested decentralized exchanges (DEXs) as well as robust standards such as cNFTs (compressed NFTs), pNFTs (programmable NFTs), Token 2022, and others, provides real-world digital assets (RWAs) with the necessary building blocks to create and launch their products. We will take a closer look at the infrastructure available for RWA projects on Solana later in this study. While stablecoins are not typically categorized as real world assets (RWAs), they are the first type of RWA to gain significant traction, being backed by US dollars and Treasury bonds (T-Bills) as core reserves. Stablecoins can be said to demonstrate the highest product-market fit in the RWA category. The following stablecoins are available on the Solana platform: USDC, backed by US dollars held in US banks, and T-Bills, managed by BlackRock. USDT, which is said to be backed by US dollars, T-Bills and other assets. USDY, an income-generating stablecoin backed by tokenized Treasury bonds issued by Ondo Finance. USDP by Paxos. UXD, partially backed by real world assets such as private credit. Bridged Wormhole DAI, backed by DAI, which in turn is partially backed by RWA. QCAD, a stablecoin backed by the Canadian dollar. EUROE, a steiblcoin backed by the euro. ISC, backed by a basket of real world assets. EUROC by Circle. GYEN and ZUSD by GMO-Z. Expect to see a slew of new non-dollar-backed steblecoins, as well as innovations in revenue-generating steblecoins, on Solana in the coming months. Two major real estate players on Solana are already up and running and performing incredibly well - Parcl and Homebase. While both may seem similar at first glance, they are quite different. While Homebase represents real estate on the web, Parcl focuses on tokenizing a real estate price index: Homebase SPV creation: A Homebase Special Purpose Vehicle (SPV) acquires real estate and NFTs represent an ownership stake in that SPV. Users purchase properties for sale through Homebase using a USDC stablcoin, which is represented in the form of NFTs. The USDC collected is pooled and converted into US dollars to purchase real estate associated with the SPV. The rental income generated in dollars is converted back to USDC and users automatically receive monthly rental income into their wallets. Users can buy and sell Home NFT on the Homebase marketplace. The best part is that Homebase is fully compliant with the law: the tokens are registered with the SEC, and there are established procedures in place to recover the tokens if a user's wallet is hacked. However, at the moment, the service is only available to US residents. Parcl Parcl allows you to invest in real estate starting at $1 by providing access to real estate markets in cities around the world through REIT-like indexes. Think of Parcl as a company that creates real estate indexes, functioning as a price information service. It has also developed a persistent AMM platform to trade these indexes, allowing users to take long or short positions. Parcl currently has over $1 million in collateral (TVL) and is active in major U.S. cities such as Brooklyn, Las Vegas, and Paris, with plans to add cities such as London, Jakarta, and Hong Kong. The great thing is that the real estate market is not a game with one winner. There can be over 100 real estate tokenization marketplaces on Solana without directly competing with each other, as they can serve different geographic regions and tap into a huge industry worth over $400 trillion! Meme The development of memes in the Solana ecosystem reflects a broader cultural phenomenon where internet culture intersects with cryptocurrency technology to create a unique space for creativity, investment and community. On Solana, as with other blockchain systems, memes have evolved from mere jokes to meaningful digital assets known as meme tokens or memcoins. Starting in late 2023 and continuing into 2024, memes on Solana have begun to gain momentum, thanks in part to the network's high bandwidth and low transaction costs, making it attractive for creating and trading meme tokens. Memcoins such as BONK, Dogwifhat, and Myro have become known not only for their humorous content, but also for the innovations they have brought to the ecosystem. For example, BONK stood out because of its eirdrop strategy to stimulate activity in the Solana community. Unlike the first memes, which were mostly about humor, the new memes on Solana began to offer real utility. Projects began to integrate memes into broader ecosystems, including decentralized applications (dApps) and even new blockchain layers, as seen in the Base ecosystem example, where memes are used to add value and engage users. Memes have become a powerful tool for marketing and community building. They not only attract the attention of new users through humor and viral content, but also keep existing members interested through constant interaction and new initiatives like airdrop or special events. Despite the fun and potential for rapid growth in value, meme tokens carry significant risks due to their speculative nature. Statistics show that only about 10% of all wallets are profi... The development of memes in the Solana ecosystem demonstrates how digital culture can influence financial technology, creating new forms of engagement, investment and innovation. While memes began as jokes, they have evolved to become part of a broader movement in the cryptocurrency industry where community, technology, and economics intersect in the most unexpected ways. Token Standards The SPL token protocol in the Solana ecosystem sets the rules for the creation and operation of both NFT and fungible tokens, ensuring their compatibility with wallets and smart contracts on the platform. Unlike Ethereum, which uses separate standards for different classes of tokens, such as ERC-20 for fungible and ERC-721 for non-fungible tokens, the SPL on Solana is used universally for all types of tokens, the differences between which are laid down at the time of their initialization. Solana has also introduced token-2022, which promises to empower developers and users to issue and manage tokens. Token standards play a key role in ensuring “tokenization” is done in a secure and standardized way: SPL Token: The main token standard on Solana, representing fungible tokens. Like any stablecoin, any Real Asset Market Participant (RWA) can launch their asset as an SPL token, including features for dynamic offering, minting, freezing, burning, and so on. Token 2022: Extending the original standard, Token 2022 offers additional features relevant to RWAs: - Confidential Transfers: Allows private token transfers; important for institutions wishing to hide their transactions. Transfer fees: Issuers can customize fees or taxes on certain transactions. Interest-accumulating tokens: Tokens that accumulate interest over time, similar to bonds. Non-transferable tokens: Tokens that cannot be transferred once issued. Metaplex Standards for NFTs: Metaplex has developed a set of standards for NFTs, such as compressed NFTs and Programmable NFTs, which may also allow RWA market participants to represent unique assets. Bridges Bridges on Solana are technology solutions that enable the transfer of digital assets and information between the Solana blockchain and other blockchain systems, such as Ethereum. These bridges play a key role in enabling interoperability between different blockchain networks, allowing users to move tokens and other assets between Solana and other networks, which opens up access to applications and services on Solana, such as decentralized financial applications (DeFi), without having to sell their assets on one network to buy on another. They also improve liquidity by allowing assets to be used across multiple ecosystems, which can attract more users and increase trading volumes. In addition, breeches can reduce costs and transaction times, given that Solana is known for its low fees and high transaction speeds. As of the latest information, popular breeches for Solana include Wormhole, which connects Solana to other blockchains including Ethereum, Allbridge, which provides the ability to transfer assets between different blockchain systems, Portal by Wormhole, known for its low fees and high liquidity, deBridge, known for its transaction speed, and Rango Exchange, which serves as an aggregator for finding the best exchange routes between blockchains. The process of using these bridges typically involves connecting a cryptocurrency wallet, selecting a network and token to send, and then specifying a network and token to receive. Once the transaction is confirmed, the bridge blocks assets on the source blockchain and issues equivalent tokens on the target blockchain, in this case, Solana. Using bridges on Solana expands the possibilities for users, allowing them to take advantage of different blockchain systems while remaining in an ecosystem known for its high performance and low transaction costs. Conclusion Research on the Solana ecosystem shows that it is attracting attention in the US due to the opportunities that decentralized exchanges (DEXs) provide for tax evasion, as transactions on such platforms are more difficult to track. In this context, Circle's USDC stands out as the most popular stablecoin, providing stability and trust in transactions. At the same time, the meme culture in the cryptocurrency sphere has a significant impact, directing investment flows and creating temporary but powerful trends. These trends are expected to spill over into more stable or innovative sectors such as Real World Assets (RWAs) over time, indicating an evolution of investor interest. The Solana ecosystem is also seeing interest in new technologies and tools, which may include various protocols aimed at improving its functionality. The crowning achievement of Solana's development is seen by many as the possibility of issuing an exchange-traded fund (ETF), which would mean recognition from traditional finance and could significantly strengthen Solana's position as one of the leading and fastest growing cryptocurrency ecosystems in the market. Solana, despite its reputation as one of the fastest blockchain networks, has faced challenges in the form of intermittent outages. These incidents raise questions about the stability and reliability of the network, especially during periods of high load. The interconnection between Solana and FTX, as well as Alameda Research, has led to concerns about possible market manipulation. FTX and related entities have significant amounts of SOL tokens, which could theoretically give them leverage to influence the market. This situation highlights the risks associated with centralizing power in ecosystems that are supposed to be decentralized. Like many cryptocurrency projects, Solana faces regulatory risks. Increased regulation in various jurisdictions could negatively impact the liquidity, availability, and value of SOL tokens. Careful analysis, adaptation to regulatory changes and continuous technological improvement will be key to Solana's sustainable growth and stability in the future. Best regards EXCAVO
CRYPTO:SOLUSDLong
by EXCAVO
3
Sept 1Overview: A significant sell-off occurred at 10 AM on Sunday in New York, which was 9 PM in Shanghai. The Asian bears have made their presence felt. Will American bulls step in to buy this dip, or have they had enough? Between 4-5 AM NYC time, the COINBASE:BTCUSD price was pushed back up to the $58.4k weekly level, but it has now clearly become a resistance level rather than support. As the Labor Day hangover fades and Tuesday approaches, we hope the digital currency market remains intact. W: After Sunday, last week's closing price was below the previous week's opening price and below the weekly level of $58.4k. This is bearish. D: The new daily closing price of $57.3k is the lowest in this retracement since the August 5th crash. Bearish. 4h: Previously, we had visited this low price, but it didn’t close at the end of the day, making it appear as a wick on the daily and weekly candles. However, on the 4-hour chart, it is visible as a candle body, which gives the impression of trading within a price range. If we look at Bollinger Bands, the price has failed to break the moving average since crossing it from the top on August 26th. 1h: This drop in price can be considered a bear trap. This becomes increasingly clear as we move to lower time frames (4h, 1h, etc.). Alts relative to BTC: Altcoins sold off more deeply but are now recovering faster than BTC, mainly due to their volatile nature. Bull case: We held the weekly level, so this could be the bottom. Bear case: Once Tuesday rolls in, the market might start selling frantically. Fear and Greed Index: 42.5 - trending downward. Once it dips below 40, entering the "Fear" zone, everyone should start buying. Prediction: Tuesday will bring a wave of bears. Opportunities: Look for divergences on the weekly and 4-hour charts of major altcoins: Short BINANCE:TONUSDT
COINBASE:BTCUSD
by EvgenCapital
Aug 31, Week overview.Overview: The Personal Consumption Expenditures (PCE) Price Index for July, also known as the inflation rate, was reported at 2.5%. This matches the rate from June and is consistent with the readings from January and February of this year. The PCE is similar to the Consumer Price Index (CPI), but the Federal Reserve prefers the PCE because it accounts for changes in consumer behavior and provides a broader measure of inflation. For example, if consumers switch from buying beef to chicken because beef becomes more expensive, the PCE captures this substitution effect, whereas the CPI does not adjust as quickly. The FRED:SP500 SP500 closed the week with a strong performance, breaking out of its established range with the highest volume seen in the last 20 days. However, this surge wasn’t driven by the volatile tech sector, as evidenced by the weaker performance of NASDAQ:QQQ . The Dow Jones Industrial Average ( TVC:DJI DJI) closed with a confirming green candle, cementing its all-time high. The economy appears to be booming. W: This week, COINBASE:BTCUSD completely retraced last week’s green candle that touched the Bollinger Bands (BB) moving average (MA). It's always interesting to see what happens during Asian trading hours on Monday morning (late Sunday evening in the US). This time, the US might not interfere with Asian market movements due to the Labor Day holiday. If there’s a sell-off, US bulls might be away from their brokerages, unable to support the crucial $58.4k level. Bearish. D: Over the last four days, BTC has seen lower highs but the same lows. This period mirrored the global liquidity index, which has been declining for the last four days as well. No divergences. 4h: No divergences. BTC is below the Point of Control, which is bearish, but it is aiming to break the weekly support line for the third time in four days. Neutral. 1h: Range trading. No divergences. Neutral. Alts relative to BTC: Alts are weaker than BTC. This is the type of divergence we typically look for. BINANCE:SOLUSD and BINANCE:NEARUSD have been sliding down for the last eight days, approaching their August 5th closing prices. BINANCE:ETHUSD is only 2.44% below its recent level. Bull case: A booming stock market could reduce inflation concerns. Market participants may turn optimistic and start betting on riskier assets. BTC could hold the $58.4k level once again, and next week we might see a big green candle that initiates the fourth bull run wave of the current cycle. Bear case: The worst happens—while bulls are celebrating Labor Day, Asian bears could completely annihilate the market. Fear and greed index: 46.36. Flat for four days. Prediction: Short-term outlook is indecisive. Weekly outlook remains bearish. Opportunities, at W, 4h divergences of major alts: Many Alts are at weekly levels as BTC attempts to bounce off its support level. This presents an opportunity for a few short-term green candles. However, be cautious, as you will be betting against a larger trend, so set tight take-profit (TP) levels and even tighter stop-loss (SL) levels.
COINBASE:BTCUSD
by EvgenCapital
Ducks in A Barrel Long Setups - BTC, SOL, TON & PADISCLAIMER: This is not trade advice. This for educational purposes only to show how I am looking to participate in these markets. Trading involves significant risk, do your own homework and due diligence. Ducks in a Barrel Weekly-Daily Strategy LONGS: BTC, SOL, TON SHORT: PA LONGS: The crypto market is overall in a strong up trend based on weekly MA's sloping up. We see that BTC, SOL & TON are undervalued vs the price of Gold and Treasuries, and are oversold on stochastic. If we see a trend change to the upside on the Daily chart, I'll look to long these markets. I admit, I'd like to see sentiment more bearish, as currently sentiment is in the middle of the road. Perhaps one more flush to the downside would create some panic and bearish sentiment, which would make this trade idea even more valid. SHORTS: Palladium is in a strong weekly downtrend. Right now we are overvalued vs treasuries, but not yet overvalued vs gold or overbought. I'd like to see this market get overbought & overvalued vs gold to qualify looking for shorts on the daily time frame. Good luck & Good trading.
NYMEX:PA1!Long
by Tradius_Trades
SOL Waiting For The BEST Entry: Bullish TriangleSOL has been trading inside this triangle pattern since practically forever. I'm not calling for a bearish move here, I'm only sharing my view from where I will enter if we continue to go down. The bottom support has been holding on 4 seperate ocassions, my assumption is that it requires a lot of power to fall through, since bulls will be buying from there. Ideally, SOL will move back up to the top resistance, or even better break out of it.
Long
by FieryTrading
6
SOL / SOLANA🔍 SOL/USDT Analysis: 15-Minute Timeframe 📉 The SOL/USDT chart on a 15-minute timeframe highlights significant upcoming times where price movements may present trading opportunities. For short-term, intraday, or scalping trades, these signals can be crucial. • August 30, 2024, 22:15, August 31, 2024, 08:45 - Red Lines: These times mark potential local peaks. Traders might consider these as moments to take profits or reduce exposure, as the price could encounter resistance or a downturn. • August 30, 2024, 13:15, August 31, 2024, 04:00 - Green Lines: These times indicate potential local lows, providing favorable conditions for accumulating SOL or entering long positions. Note: The exact timing of these phases can vary by +/- a few hours. All times are based on UTC-7 (Los Angeles).
by trushkovskiy
Aug 29Overview: The FRED:SP500 experienced another day of indecisiveness. However, for the first time during this established range, it closed in red for two consecutive days. NASDAQ:QQQ followed a similar pattern. Both indices showed higher volume than the previous day, confirming the downtrend. Buckle up for the opening price on September 3rd (Monday is Labor Day in the US). GDP growth came in strong at 3%. Does this seem like a shrinking economy? Could there be a recession if the Fed doesn’t pour gasoline on this fire? It’s starting to look like 2 rate cuts instead of 4 by the end of the year. BTC ETF has been selling for three consecutive days—on the 27th, 28th, and 29th. On the 27th, we saw a big red candle, but the market was able to absorb all that selling pressure without dropping lower. However, it's a bearish sign that even at the relatively low price point of $60k, the ETF crowd doesn't seem confident in COINBASE:BTCUSD ETH ETF trading was halted, with no buying or selling activity. Are they bracing for a big move, or is this the bottom? W: Old range, nothing new. Bearish. D: On Thursday, bulls tried to push it higher and correct the crash that occurred on Monday, Tuesday, and Wednesday. However, we are holding the range support, and the recent dip resulted in higher lows and higher highs. Mildly bullish. 4h: Sitting at the point of control line (from volume profile). It wants to break above the BB MA for the second time this week. Mildly bullish. 1h: Broke above BB MA, with an upper target of $60.05k. Bullish. Alts relative to BTC: For many ALTs ( COINBASE:SOLUSD , COINBASE:NEARUSD , BINANCE:ARUSD , COINBASE:RNDRUSD ), Thursday was a red day, creating a divergence with BTC. This is bearish for the overall crypto market. If we have three days of the market going down, and on the fourth, BTC is recovering, we want ALTs to recover with it, not continue the sell-off. Bull case: We are holding our levels strongly, and more accumulation is happening at this level. The Cumulative Volume Data (CVD) indicator suggests that even with more aggressive sellers present, the price is still able to rise, meaning some market participants are buying up those sell orders. Bear case: Same as yesterday—the bulls are weak, and the price continues to revisit the support level until it’s broken. Fear and greed index: 46.45. No change. Prediction: Short-term zigzag, long-term bearish. Opportunities, at W, 4h divergences of major alts: With BTC not knowing where to go, any ALTs technical analysis will be useless. Just like our previous prediction of COINBASE:APTUSD correction due to the MACD divergence and head-and-shoulders pattern didn’t play out, and it still bounces off the weekly resistance level.
COINBASE:BTCUSD
by EvgenCapital
Aug 25Overview: The FRED:SP500 closed Monday with a red candle, erasing last week’s Friday gains. Durable goods orders were reported today, showing the highest increase since July 2020. This indicator reflects the amount of new orders placed with manufacturers for durable goods expected to last at least three years, such as automobiles, appliances, electronics, and machinery. An increase in durable goods orders typically signals business confidence and a willingness to invest in long-term assets. However, this rise was driven mainly by automobile purchases; excluding cars, the figure was down 0.2%. Global liquidity has been increasing for the past 60 days. The last time we saw such a sustained rise was from the end of October 2023 to mid-January 2024, which marked the start of the current bull market. This is a bullish signal. W: The BINANCE:BTCUSD price has reached the lower bound of the current range, 63k-64k. D: Monday closed with a red candle. The lack of a lower wick is concerning, suggesting that bears pushed the price down throughout the day without giving bulls a chance to buy back. It closed slightly below the W level of 63k, at 62.8k. 4h: The price is at the bottom of the Bollinger Bands (BB). A rebound is needed, but it’s not happening yet. The price is trading below the W level. While this isn’t a significant issue for the W candle, it’s crucial for the 4h to stay above 63.1k. 1h: The RSI has touched the oversold level of 30. This is a bullish signal. Alts Relative to BTC: There’s no significant divergence. Some altcoins corrected less ( BINANCE:SOLUSD , BINANCE:NEARUSD ) while others corrected more ( BINANCE:SUIUSD , BINANCE:FTMUSD ), but in the early hours of Tuesday, almost all have recovered to their highs after the recent pump. Bull Case: This isn’t a bull trap, and we’ll see a climb on low trading volume. Whales might hold on, waiting for interest rate cuts, or they could start selling just before the cuts. Bear Case: This is a bull trap unfolding, with fewer bulls willing to hold this price level. Fear and Greed Index: 53.61. This is a 'no trade' zone if you prefer to buy low and sell high with the highest conviction. Prediction: Undecided. Opportunities: BINANCE:AAVEUSD : At W level $128. Bullish. BINANCE:MKRUSD and BINANCE:UNIUSD : Both are holding strong W levels that predate BTC ETF demand. Bullish. BINANCE:TAOUSD : Drawing a MACD divergence on D and 1h, with the W level of $361 being rejected for the third time. Bearish.
COINBASE:BTCUSD
by EvgenCapital
26/08/24 Weekly outlookLast weeks high: $64,969.66 Last weeks low: $57,798.14 Midpoint: $61,383.90 Another week has passed in the crypto world and another week of Bitcoin recovery. Now hovering around $64,000 zone after a battle around the range Midpoint which was also the 4H 200EMA, BTC has flipped bullish on all major MA's and is looking to target the '21 ATH which has historically been the area where BTC has struggled in the last few months. With the US presidential election nearing and the FED rate cuts approaching even sooner, there are a lot of significant FA factors to consider. I think most people were under the impression that the ETF's and the halving would have more of an instant impact on price, we have seen a rally for the BTC ETF but that classic post halving boost has not yet panned out. It does have the feeling of all stars are aligning in the coming months to push through that ~$70k resistance and enter price discovery. Current sentiment is mostly pure boredom and that has lead to impulse moves in the past. For now I think the important places to look are in the altcoin space, having been decimated in the last few months now is a good time to seek out strong fundamental projects that are looking to lead the way for the next year or so. The altcoin season index is currently @ 22/100 indicating that the market is heavily Bitcoin dominated, suggesting that altcoins need to play catch-up and will outperform BTC by doing so.
by ProR35
The key is whether M-Signal can maintain its alignmentHello, traders. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a nice day today. ------------------------------------- (Renko 1D chart) Among altcoins, the number of coins showing upward movement as above is increasing. In order for a block to be completed, it must rise by more than a block unit. In the chart above, the rising block is completed only if it rises by more than 5.2. Otherwise, if it falls below 4.8, the rising block disappears. In this way, the Renko chart can be said to be a suitable chart for checking trends. - (SOLUSDT Renko 1D chart) ------------------------------------------- (SOLUSDT 1M chart) (1W chart) (1D chart) If you look at the 1M, 1W, and 1D charts above, you can see that the 147.74, 168.41, and 179.89 points are important. Therefore, if it fails to rise above 168.41, it is important to find support near 147.74. - Due to this rise, it seems that the M-Signal of the 1D chart > M-Signal of the 1W chart > M-Signal of the 1M chart has changed. Therefore, this time, it is important to see whether it can be supported near 147.74 and rise above 179.89. - Accordingly, it is a buying period depending on whether it is supported near 147.74, 168.41, and 179.89. The stop loss point is the HA-Low indicator. The current HA-Low indicator points are 1M: Not yet created 1W: 13.81 1D: 148.28 as above. Since the HA-High and HA-Low indicators are created according to price fluctuations, it is recommended to check the 1M, 1W, and 1D charts together. - Have a good time. Thank you. -------------------------------------------------- - ​​Big picture It is expected that the real uptrend will start after rising above 29K. The section expected to be touched in the next bull market is 81K-95K. #BTCUSD 12M 1st: 44234.54 2nd: 61383.23 3rd: 89126.41 101875.70-106275.10 (when overshooting) 4th: 13401.28 151166.97-157451.83 (when overshooting) 5th: 178910.15 These are points where resistance is likely to occur in the future. We need to check if these points can be broken upward. Since I think it can create a new trend in the overshooting section, I need to check the movement when this section is touched. #BTCUSD 1M If the major uptrend continues until 2025, it is expected to create a pull back pattern and start after rising to around 57014.33. 1st: 43833.05 2nd: 32992.55 -----------------
by readCrypto
TARS AI (TAI) cryptocurrency - Solana’s AI InfrastructureTARS AI (TAI) is gaining attention for its innovative approach to integrating artificial intelligence (AI) with blockchain technology. TARS AI serves as an AI infrastructure layer for all applications built on the Solana blockchain. It is designed to facilitate the training of AI models, monetization of data, and access to powerful Graphics Processing Units (GPUs). This modular AI ecosystem is backed by the Solana Foundation, which enhances its credibility and potential for growth. One of the key factors driving TARS AI's bullish outlook is its collaboration with Google. Developers have announced plans to launch four new AI products in partnership with the tech giant within the next 30 to 60 days. This collaboration comes after TARS AI was accepted into Google’s Startup Program, which supports promising startups, further solidifying TAI's position in the AI landscape. TARS AI has established a $2 million ecosystem fund aimed at supporting developers within its network. This initiative is part of a broader strategy to bridge the gap between AI and Web3 technologies, positioning TARS as a leader in the AI blockchain sector. TARS AI is not just another cryptocurrency; it aims to create a comprehensive AI ecosystem that allows users to train AI models quickly and cost-effectively. The platform is designed to support various applications, including data monetization and decentralized governance through AI-powered tools. With its focus on scalability and integration with Solana's robust infrastructure, TARS AI is well-positioned to capitalize on the growing demand for AI solutions in the blockchain space In conclusion, TARS AI represents a compelling investment opportunity within the cryptocurrency market. Its innovative approach, strategic partnerships, and strong market performance make it a noteworthy contender in the rapidly evolving landscape of AI and blockchain technology. As the Solana ecosystem continues to thrive, TARS AI is poised to play a pivotal role in the future of decentralized AI applications.
Long
by BuySellMarketMaker
1